Since our last newsletter, we witnessed the GI & GII and some GIII postings space move during late February, March, and April 1st, for one key GII refiner. These increases... read more →
In 2022, the grease industry’s international value was estimated at $3.7 billion, and by 2029 this number is expected to reach $4.7 billion. This tracks closely with the projected increase... read more →
The thermoplastic elastomer (TPE) industry is growing faster than ever, projected to grow from about 10 million metric tons in 2025 at a rate of 5% throughout the decade. This is not... read more →
Process oils are used in a wide variety of applications, including extender oils which soften TPEs (thermoplastic elastomers) and EPDM (ethylene propylene diene monomer) rubbers, which make up many of the products consumers... read more →
To all we hope this Market update finds you well. Let me start by saying the markets and market intel have been very fluid and dynamic. Clearly sending mixed signals... read more →
A chain is only as strong as its weakest link, and your business is only as good as your raw materials supply chain. Principles from specialty oil supply logistics can... read more →
Advancements in computing technology demand that it runs ever faster and hotter. In turn, the immersion cooling market is poised for incredible growth. Valued at $302M worldwide as of 2022,... read more →
In the automotive industry, the choice of high-viscosity white oil used in the production of cabin interiors matters for many reasons. Chief among them is consumer health. The release of... read more →
The internal combustion engine (ICE) is starting to give way to electric vehicles (EV) in terms of market share, and specialty oil suppliers are watching the shift closely. Oil suppliers... read more →
Global supply chains continue to face significant disruptions compared with the pre-pandemic world, and process oil suppliers are no exception. Shortages of select specialty oils used in the production of... read more →